Hugh's Thoughts on Real Estate

Existing vs. New Build for 2008
March 19th, 2008 11:07 AM

The Grand Rapids Association of Realtors, our local Board, reported that sales of existing homes in January and February was up 17% over the same period from 2007. And, as of March 1, 2008, there is less inventory in the system than last year. That has been welcomed news for sellers as prices begin to stabilize. For new homes, nation-wide, the rate of single-family housing starts and single-family building permits authorized dropped for the 11th consecutive month in February, falling to the lowest level since January 1991, the U.S. Census Bureau and Department of Housing and Urban Development reported . Buyers realize that the best values in today's market are existing homes. If you look at your home as part of your financial portfolio, as we all should, while stocks are down, seize the opportunity to find some great values. What are your thoughts?


Posted by Hugh Griffith on March 19th, 2008 11:07 AMPost a Comment (0)

Just Listed! 5823 Lake Harbor Rd Norton Shores, MI 49441
March 27th, 2008 8:51 AM
Header
Header_2
Listings Photo
$1,750,000.00
5823 Lake Harbor Rd

Norton Shores, MI 49441



Beds: 5.0 Rooms: 5
Baths: 4.00 Sq. Ft.: 4284.00
Garage: 2.0 Built: 1994
 

Enjoy miles of unsurpassed views of Lake Michigan with 140' of low-bluff, private frontage. the 4,300 square foot house is privately and strategically positioned on the property to capture sensational west Michigan sunsets.
This is a new listing that
I thought you might be
interested in. Visit this
listing online to see more
photos of the property,
Google Earth satellite
images, and much more.
 

If you have any questions
about this property or
require more information,
please feel free to call.

Hugh Griffith
Keller Williams of Grand Rapids
6164435251
www.hughgriffith.net



 
  Visit this listing at Here

Posted by Hugh Griffith on March 27th, 2008 8:51 AMPost a Comment (0)

Challenge your thought process...
March 4th, 2008 2:37 PM

Selling your house...or planning to sell?  Don't believe everything you read in the papers or hear on the nightly news.  Yes, from a seller's perspective, it's challenging.  But houses are still selling and there are still buyers willing to pay for the houses they want.  So sellers...listen carefully.  It's ALL about price, condition and location! 

A house in bad condition can be corrected by price.  But even a house in good condition won't be corrected by a bad price.  Look carefully at the comparables, listen intently to the advice of a trusted professional and ask yourself this question: based on the comps, what would I pay for my house if I were the buyer?  


Posted by Hugh Griffith on March 4th, 2008 2:37 PMPost a Comment (0)

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